Issue details

Establishing an investment budget for a strategic commercial property acquisition

Purpose of report: The report sets out an opportunity which has arisen to agree a strategic purchase of a mixed commercial portfolio in York city centre, following the purchase last year of the Swinegate property portfolio.

 

Members will be asked to agree to this strategic purchase.

Decision type: Key

Reason Key: Cabinet Decision - a 'Key Issue' - decision leading to savings or expenditure of £500,000 or above;

Decision status: Decision Made

Wards affected: Guildhall Ward;

Notice of proposed decision first published: 29/08/2018

Anticipated restriction: Part exempt  - View reasons

Explanation of anticipated restriction:
Information relating to the financial or business affairs of any particular person (including the authority holding that information).

Decision due: 27/09/18 by Executive

Lead member: Executive Leader (incorporating Finance & Performance)

Lead director: Corporate Director of Economy and Place

Department: Directorate of Economy and Place

Contact: Tracey Carter, Director Economy, Regeneration and Housing 01904 553419 Email: tracey.carter@york.gov.uk, Nick Collins, Head of Property Email: nicholas.collins@york.ov.uk.

Consultees

Ian Floyd
Neil Ferris
Patrick Looker

 

Decisions

Agenda items

Documents

  • Establishing an investment budget for a strategic commercial property acquisition  

 

Feedback
Back to the top of the page